Office Depot Inc.

Shoppers know they can find deals every week at Zales, Office Depot, Staples and Best Buy. Yet these same stores also offer some of the worst deals in the retail world — branded credit cards with annual percentage rates that exceed 25 percent. The average rate at store-issued credit cards at the nation's largest retailers is now 23.23 percent, according to a recent survey by CreditCards.com, or 8 points higher than the national average for general-purpose cards. Shoppers don't seem to care. Private-label retail cards accounted for about $270 billion in sales last year, according to the Federal Reserve. Many consumers take advantage of discount offers like a Macy's...

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Office supply giant Office Depot Inc. plans to close at least 400 stores in the U.S. following the purchase of rival OfficeMax last year.
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Office supply giant Staples Inc. is planning to close as many as 225 North American stores while slashing annualized costs by up to $500 million by the end of 2015.
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The U.S. Federal Trade Commission on Friday gave approval to a proposed $1.2-billion merger of Office Depot Inc. and OfficeMax, concluding that the move won't harm competition.
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The stock prices of Office Depot Inc. and OfficeMax Inc. surged Tuesday on word that the companies are contemplating a merger to better compete against Staples Inc.
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A report that several private equity firms -- including original investor Bain Capital -- are considering buying Staples Inc. pushed the office supply chain’s stock up as much as 6.2% on Friday.Acquisition talks are still preliminary and any offer...